Latest News for: Sweden mining


Democratic Senator says he wants to make Michigan a pro-bitcoin state. What does that mean?

Michigan Live 21 Jan 2022
With little long-term research on the effects of mining cryptocurrencies, you can find different answers depending on where you look ... The facility contained more than 15,000 computers used to mine crypto ... Abroad, several European counties such as Norway and Sweden have recommended banning crypto mining across the EU.

Battery factory gets £1.8bn green light to turbocharge UK electric car production

The Daily Telegraph 21 Jan 2022
Britishvolt was founded in 2020 by 39-year-old former corporate bond seller Orral Nadjari and his friend Lars Carlstrom, who left the company in December 2020 after details of a more than 20-year-old tax fraud conviction in Sweden emerged in the press.

China vs China: How the U.S. Army Thinks Taiwan Could Avoid Invasion

OWP 20 Jan 2022
Since last October, tensions between Taiwan and China have remained high. While this has not yet turned into a conflict, it seems as if U.S ... A recent U.S ... During World War 2, Sweden was worried about the threat of Nazi invasion. In an attempt to avoid this, Sweden threatened to destroy the iron mines that Nazis would rely on for their war machine ... ....

The Government of Sweden renews its support to explosive hazards management activities in Iraq [EN/AR]

Reliefweb 20 Jan 2022
The United Nations Mine Action Service (UNMAS) welcomes the contribution of SEK 50 million (approximately USD 5.7 million) from the Government of Sweden, which will support the Government of Iraq with humanitarian, socio-economic, and reconstruction efforts while protecting vulnerable civilians from the threat posed by explosive ordnance.

ESMA Top Executive: The EU Should Ban Proof-of-Work Mining

CryptoPotato 20 Jan 2022
He also claimed that bitcoin has turned into a “national issue” for his homeland Sweden because of the amount of renewable energy devoted to mining the asset ... Thedéen said the primary digital asset is now a “national issue” for Sweden because a considerable percentage of renewable energy is currently dedicated to mining it.

ESMA vice-chairman calls for ban on proof-of-work crypto mining

Cryptoslate 20 Jan 2022
Thedèen further stated how the extensive process of mining Bitcoin has become a national issue in Sweden, as a large percentage of renewable energy produced in the country is dedicated to mining Bitcoin, which according to Thedèen, is somewhat “ironic.”.

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

Bitcoin 20 Jan 2022
Thedéen, who also serves as director-general of Sweden’s Financial Services Authority, noted that bitcoin mining has become a “national issue” for his own country ... It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to bitcoin mining.

European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

Bitcoinist 20 Jan 2022
Bitcoin mining has become a “national” issue for Sweden, according to Thedéen, who is also the director general of the financial services regulator Finansinspektionen. “Bitcoin is now a national issue for Sweden because of the amount of renewable energy devoted to mining,” Thedéen told the FT.

Energy-Guzzling Cryptocurrency Mining Method Should Be Banned, EU Regulator Says

IFL Science 20 Jan 2022
Erik Thedéen, the vice-chair of the European Securities and Markets Authority and Director-General of the Financial Services Authority of Sweden, told the Financial Times he supports an EU-wide ban on "proof of work" cryptocurrency mining ... Thedéen said "proof of work" mining had ...

ESMA Vice Chair calls upon the EU to ban Proof-of-Work crypto mining

Invezz 19 Jan 2022
According to Thedéen, who is also the Director General of Finansinspektionen, Sweden’s financial services regulator, Bitcoin mining has become a national issue for Sweden ... Notably, Finansinspektionen previously called for a ban on energy-intensive crypto mining in ...

ESMA vice chair calls for proof of work mining ban

The Block 19 Jan 2022
The vice chair of an influential markets watchdog in Europe has called for a ban on proof of work mining over concerns about how energy intensive it is ... Thedéen, who was appointed vice chair at ESMA in December, called bitcoin mining a “national issue” in his native country of Sweden ... Tumult in Kazakhstan has also hindered bitcoin mining efforts.

Proof-of-work crypto mining should be banned in the EU, says European markets regulator

Business Insider 19 Jan 2022
Artyom Geodakyan/Getty Images The vice chair of the European Securities and Markets Authority called for a ban proof-of-work bitcoin mining ... The vice chair called for a bloc-wide ban on proof-of-work mining as it has become a "national issue" in his native Sweden due to the large amount of renewable energy it uses.

What might Intel’s low-voltage Bitcoin mining chip mean for the future?

Cryptoslate 19 Jan 2022
Intel may soon enter the Bitcoin mining business with its new “Bonanza Mine” chip, described as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.” ... Environmental concerns over Bitcoin mining ... Thed�en called PoW mining a “national issue” in respect of his home country of Sweden.

European Countries Should ban Proof of Work Mining — ESMA Vice Chairman

FX Empire 19 Jan 2022
Several countries have already banned or limited crypto mining due to this reason ... Thedéen, who also serves as the chair of sustainable finance at The International Organization of Securities Commissions and director-general of Sweden’s Financial Services Authority, has spoken against crypto mining before.

EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum

Decrypt 19 Jan 2022
Thed�en, who as director general of Sweden's financial services regulator ...